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Major U.S. Crypto Exchange Consents to $29 Million Penalty for Historic BSA and OFAC Violations | BakerHostetler

​​​​​​​On October 11, 2022, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC) announced a $29 million civil...
Villa Clara Statement On Enforcement Of The Bank Secrecy Office Of Foreign Assets Control Bank Secrecy Act Financial Crimes Enforcement Network Foreign Assets Control

Federalism and FinTech

Americans are currently seeing a period of potentially significant change as financial technology (FinTech) companies seek to harness advances in communications, data processing, and cryptography to compete with traditional providers across a host of services. FinTech is changing how financial services are provided in a host of ways that make it possible for new competitors to compete with incumbents.1 Some of the most powerful are removing geographic limitations on where a company can offer its...
New York United States University Of Kansas South Dakota National Bureau Of Economic Research Southern District

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President Biden Issues Executive Order Framing His Administration's Approach To Regulating Digital Assets - Technology

On Wednesday, March 9, 2022, President Biden issued a long-awaited Executive Order, Ensuring Responsible Development of Digital Assets, that outlined a whole-of-government approach to regulating digital
White House District Of Columbia United States Department Of Justice Order On Ensuring Responsible Development Federal Reserve
Source: mondaq.com

President Biden Issues Executive Order Framing His Administration's Approach to Regulating Digital Assets | Kramer Levin Naftalis & Frankel LLP

On Wednesday, March 9, 2022, President Biden issued a long-awaited Executive Order, Ensuring Responsible Development of Digital Assets, that outlined a whole-of-government approach to...
White House District Of Columbia United States Department Of Justice Financial Stability Oversight Council Development Of Digital Assets

Investigation into RCMP in-custody use of force concluded

On July 11, 2018, the Alberta Serious Incident Response Team was directed to investigate an allegation that on June 9, 2018 a Royal Canadian Mounted Police (RCMP) officer committed an assault when he delivered an open-handed slap to the face of a handcuffed 30-year-old man being detained at the Strathcona County RCMP Detachment.
Sherwood Park Alberta Serious Incident Response Team Alberta Crown Prosecution Service Director Initial Review Police Act Criminal Code
Source: alberta.ca

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